Forex market is an unpredictable
Nov 23, 2020 at 13:13
Forex market is an unpredictable market. But even after that you can predict some movements if you know the art of technical analysis of forex. Forex trading is not about being 100% correct. It is risk reward ratio. Your winning trade should be more than losing trade if your risk reward ratio is 1:1. People select their risk reward according to their ability to trade.
Mitglied seit Jul 20, 2020
341 Posts
Nov 23, 2020 at 20:18
Yes. Forex is very unpredictable. If you have a lot of knowledge and experience, you can survive in this risky and unpredictable market.
Mitglied seit Aug 17, 2021
94 Posts
Oct 09, 2021 at 18:59
You cannot predict the future and if you try, your predictions will be as accurate as your horoscope.. There is however a big market in people who say they can predict and many theories that say you can such as Elliot wave, Fibonacci, and Gann.
Mitglied seit Mar 16, 2021
477 Posts
Nov 02, 2021 at 00:44
Forex is the largest financial market. With 5 trillion trade averages. It is possible to work with 90% probability in this market. But if it is 100% targeted then it will be wrong. Investment can be risky. So it is better to work risk free.
Mitglied seit Nov 03, 2021
9 Posts
Nov 03, 2021 at 11:22
LukeRachel posted:
Forex is the largest financial market. With 5 trillion trade averages. It is possible to work with 90% probability in this market. But if it is 100% targeted then it will be wrong. Investment can be risky. So it is better to work risk free.
90% is never going to happen. Only scammer claim 90% accuracy. The reality is more like 60% at best
Mitglied seit May 10, 2021
1 Posts
Nov 03, 2021 at 12:57
RobSchiz posted:People can.
Forex is very unpredictable. No one can tell what is going to happen in this market.
Mitglied seit Mar 16, 2021
477 Posts
Nov 04, 2021 at 01:54
garlicbread posted:Of course, I didn’t give any numbers. I am saying that there is a chance to make 50-60% profit per month. Don't make a profit again in a month. Traders cannot be fed up with these. Need to trade positively.LukeRachel posted:
Forex is the largest financial market. With 5 trillion trade averages. It is possible to work with 90% probability in this market. But if it is 100% targeted then it will be wrong. Investment can be risky. So it is better to work risk free.
90% is never going to happen. Only scammer claim 90% accuracy. The reality is more like 60% at best
Mitglied seit Jul 20, 2020
399 Posts
Nov 04, 2021 at 08:12
UweMoench posted:
@skihav Yes Forex market is indeed unpredictable and complex. That's why risk management and trading psychology is very important for success along with trading skills.
exactly and when we're dealing with probabilities we dont know if our next trades will be winners or losers but we do know if we have a mathematical edge in the long term we will be successful
Mitglied seit Apr 09, 2019
538 Posts
Nov 04, 2021 at 11:50
That's all it is. A probablilities game. Stack the odds in your favour as much as possible and then let the maths play out.
If you can't spot the liquidity then you are the liquidity.
Nov 04, 2021 at 12:21
@sebking1986 Yes it's a probability game. That's why risk management is so important. But most people don't care about risk management. They come with unrealistic expectation.
Mitglied seit Mar 16, 2021
477 Posts
Nov 04, 2021 at 16:56
CraigMcG2020 posted:Expectations are a very important issue in trading. If I keep the demand very high, the profit will be very difficult for me. For this we have to think logically.UweMoench posted:
@skihav Yes Forex market is indeed unpredictable and complex. That's why risk management and trading psychology is very important for success along with trading skills.
exactly and when we're dealing with probabilities we dont know if our next trades will be winners or losers but we do know if we have a mathematical edge in the long term we will be successful
Mitglied seit Aug 10, 2021
178 Posts
Nov 18, 2021 at 01:55
Due to the fact that Forex is the most unpredictable market in the world, we should have a good plan and be very careful about investing our time and money. In addition, I also agree with you that making profit from just guessing is totally luck, and sometimes luck can be hard to find, so we should keep an eye on the market and deal with it using our own skills and knowledge.
Mitglied seit Jun 07, 2021
72 Posts
Nov 24, 2021 at 04:27
That’s right. We can speculate the market, but not guarantee exactly how it will go. However, with the help of fundamental and technical analysis, you can increase your odds of winning your trades.
Mitglied seit Mar 17, 2021
536 Posts
Nov 24, 2021 at 20:09
whitneytyler posted:Yes. I agree with you.
That’s right. We can speculate the market, but not guarantee exactly how it will go. However, with the help of fundamental and technical analysis, you can increase your odds of winning your trades.
Mitglied seit Jul 23, 2020
869 Posts
Dec 08, 2021 at 15:28
Trading is risky, in order to overcome the risk understanding global economics is very important.
Mitglied seit Jul 23, 2020
759 Posts
Dec 10, 2021 at 11:24
The forex market moves up and down continuously and you need to manage your positions using risk control.
